Owning a business is both exciting and intimidating; but you have lots of support. Find resources to help you make decisions on starting or growing your enterprise. Browse these tools, then contact your SCORE mentor to get help putting your ideas into action.

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Blog

Economic Downturn Coming? Do a SWOT analysis

Article Language: English
May 31, 2022,

SWOT analysis will help you be ready and focused for any downturn in the economy.

Blog

Recession or depression, what are you betting on?

Article Language: English
May 5, 2022,

What’s your bet on the economy? The economy is currently experiencing a lot of bumps in the road. The author identifies an approach to provide you with options to take for your business in this environment. These options are identified through looking at your business in the worst case and most likely case scenarios, and using your financial statements as a tool to help you develop a plan to execute the option you decide to go with. In the end, the author reinforces that SCORE is here to help you work through these unknowns and to help you and your business not only survive but also to thrive.

Blog

PARTNERING WITH OUR BUSINESS COMMUNITIES – THE LEARNINGS AND OPPORTUNITIES

Article Language: English
February 5, 2022,

The SCORE Twin Cities Chapter has over 140 volunteers that have an ongoing commitment to extend free education and mentoring to all our business communities including women and people of color. SCORE Twin Cities is working with Minnesota Africans United (MAU) and Northside Economic Opportunity Network (NEON).

Blog

SCORE Twin Cities Chapter Partners with Minnesota Africans United

Article Language: English
June 29, 2021,

A new partnership with Minnesota Africans United (MAU) will focus on supporting the African immigrant community with their ambitions to start and own businesses and to improve trade between Minnesota and African countries.

Blog

Starting a Black Beauty Business

Article Language: English
August 11, 2022,

Now that most cities and states have lifted mask mandates and people are returning to their offices, women are buying more cosmetics. They are purchasing 70% more than they did pre-pandemic, according to the “Makeup Attitudes and Usage Report” from The NPD Group.

Blog

10 Ways To Celebrate National Black Business Month

Article Language: English
August 4, 2022,

To help you best support Black-owned businesses, we asked Black business owners and leaders this question for their best recommendations. From promoting Black-owned businesses on social media to providing Black founders with more access to funding, several recommendations may help you offer the best support to Black-owned businesses as you celebrate National Black Business Month.

Blog

12 Habits of Successful Entrepreneurs

Article Language: English
August 2, 2022,

To help you develop the best habits for success as an entrepreneur, we asked successful entrepreneurs and business owners this question for their best insights. From learning to make quick decisions to demonstrating moral courage, several habits are considered important in making entrepreneurs successful.

Blog

How to Cover for Employees When They’re Gone for an Extended Period

Article Language: English
July 29, 2022,

If the past few years have taught small business owners anything, it’s the unpredictability of life. Assuming that your SMB weathered the pandemic, you are understandably concerned about shoring things up ahead of the next crisis. If you’re starting your own company, you’ll want to adopt a few tried-and-true practices to guard against the unexpected.

Blog

The Dos and Don’ts of Turning Your Hobby Into a Business

Article Language: English
July 27, 2022,

According to Business Jargons, an online business encyclopedia, it’s often harder to start a business in rural areas, due to several factors, including a lack of technical know-how and training. But the encyclopedia also points out that several businesses are particularly well-suited for those living in rural America.

Blog

Businesses and Data Security Threats

Article Language: English
July 25, 2022,

Data security is a serious and ever-growing issue for businesses big and small (not to mention the affected consumers). Threats such as data breaches, identity theft and fraud, and large-scale credit card leaks are never far from the latest business news.

Blog

Best Legal Entities for Rural Entrepreneurs

Article Language: English
July 25, 2022,

To ensure rural small business owners have all the facts regarding business structure, here is a quick guide to what entities are available for your rural business and how each can protect you from future legal nightmares.

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